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Author Topic: BTC Price Prediction: $350k before the end of 2022  (Read 862 times)
lepbagong
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July 03, 2021, 09:05:10 AM
 #41

With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.

I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.

I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.

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July 03, 2021, 09:40:00 AM
 #42

$350k level seems unrealistic to me honestly. You claim that it will happen in only one year. We will need much bigger news that will help Bitcoin price to rise much more quickly than ever. For example, many people are waiting for Lightning Network. If we start benefiting from it, then it could be a big impetus for Bitcoin price.

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July 03, 2021, 09:40:46 AM
 #43

That's a big thing to say, I don't think that bitcoin is going to come to that point by the end of 2022, bitcoin can't even go back to 60k yet and we are predicting it to pump that big? If bitcoin can get to a 100k, maybe I can see the possibility of bitcoin going to that point and hopefully I am proven wrong with this doubt within me.
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July 03, 2021, 02:03:49 PM
 #44

bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.

I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.

I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
I do not really see any bad news, do you? I am not talking about news that happened few months ago. All that Elon Musk tweeting bitcoin is bad for climate, or china banning miners type of news all happened nearly 2 months ago, it is not really important anymore. Why do I think that way? Because what happened already happened and that was priced in, if it was still an important thing then the price would move downwards.

So, what we had as bad news were all bad news but they happened and price went down and now we are over it. From now on we have to look forward and hope that there are some good improvements either on bitcoin or another top coin so that we could promote that and get hyped about it. That is what crypto is all about, even a smallest thing that normally would not be very important could become very important if you can hype it big enough in the crypto world.
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July 03, 2021, 02:19:20 PM
 #45

bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.

I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.

I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.
I do not really see any bad news, do you? I am not talking about news that happened few months ago. All that Elon Musk tweeting bitcoin is bad for climate, or china banning miners type of news all happened nearly 2 months ago, it is not really important anymore. Why do I think that way? Because what happened already happened and that was priced in, if it was still an important thing then the price would move downwards.

So, what we had as bad news were all bad news but they happened and price went down and now we are over it. From now on we have to look forward and hope that there are some good improvements either on bitcoin or another top coin so that we could promote that and get hyped about it. That is what crypto is all about, even a smallest thing that normally would not be very important could become very important if you can hype it big enough in the crypto world.

from some of the news that I read this week whether this is valid or not, but still I try to analyze the news based on some of the information I get, where many entrepreneurs have started investing in bitcoin in very large amounts. so i'm assuming that by the end of 2022 bitcoin could reach around $350k or equivalent.

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July 03, 2021, 11:34:44 PM
 #46

With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.

I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.

I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.

It is true that what El Salvador is doing is extraordinary and hopefully the effect will be large to make the crypto market even better.
Since Bitcoin is currently struggling to get back above the $40k price, it is hoped that more good news about Bitcoin will emerge.
In order to attract many new investors to buy Bitcoin, but I am optimistic that Bitcoin will give a good surprise for all of us.
Because Bitcoin has made a good contribution in a pandemic situation like now, many people have improved their economy after
getting to know Bitcoin. So I believe Bitcoin will be more and more in demand, we do have to be patient waiting for Bitcoin to rise again.

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July 05, 2021, 02:17:07 PM
 #47

With many institutions starting to be interested in investing in Bitcoin in the long term, and also El Salvador surprises us by trusting Bitcoin.
These are all signs that there will be surprises that Bitcoin will give in the future, so those who still have doubts about holding Bitcoin should
do their research properly. Because now it is increasingly visible that Bitcoin is getting a lot of attention, it means that Bitcoin is getting more
popular and can give us big profits. Even Bitcoin has also succeeded in helping the economy of many people in a pandemic situation like now,
so don't ever hesitate for a moment to hold Bitcoin.
bitcoin is currently plagued with bad news, we can't avoid this reality. but now there is good news starting from the country of el savador which made a very surprising breakthrough, where the government recognized bitcoin as a legal tool to be used like their fiat currency. not to mention there are subsidies from the government for people to be able to use bitcoin.

I clearly agree with you that good news like this is a sign of recognition that bitcoin desperately needs as yesterday was hit with bad news. hopefully in the future there will be more good news for bitcoin so that it can encourage public and investor confidence in bitcoin to strengthen.

I have no doubt that bitcoin will be increasingly popular and many will be able to benefit if they want to invest in bitcoin because bitcoin will always increase.

It is true that what El Salvador is doing is extraordinary and hopefully the effect will be large to make the crypto market even better.
Since Bitcoin is currently struggling to get back above the $40k price, it is hoped that more good news about Bitcoin will emerge.
In order to attract many new investors to buy Bitcoin, but I am optimistic that Bitcoin will give a good surprise for all of us.
Because Bitcoin has made a good contribution in a pandemic situation like now, many people have improved their economy after
getting to know Bitcoin. So I believe Bitcoin will be more and more in demand, we do have to be patient waiting for Bitcoin to rise again.

El Salvador won't have much impact directly, but certainly indirectly. It goes to show that if the world's larger nations speak against Bitcoin, opportunities arise for smaller nations. It proves that competition will arise between the countries around the world for those supporting the decentralization movement.
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July 06, 2021, 03:40:33 AM
 #48

I agree with you that bitcoin will reach a price of $350k, but I don't agree with the time you set. before the end of 2022 that means less than 2 years from now. it's too short a time, even now bitcoin is experiencing a decline in price after a tremendous price increase. i think this will be achieved in 2024/2025  Cool

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August 07, 2021, 03:45:34 PM
 #49

We haven't even touched the milestone of 70k yet and you're already on the 350k price? That's just crazy if you think about it because it seems impossible right now given that it's not how bitcoin grows annually. Maybe a 100k is a possibility but a 3.5x more than the amount that I have predicting seems a little bit far fetch, don't get me wrong, I will be happy about it if I am proven wrong but right now, it only creates a hypes that can trap newbies.

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August 08, 2021, 03:29:29 PM
 #50

We haven't even touched the milestone of 70k yet and you're already on the 350k price? That's just crazy if you think about it because it seems impossible right now given that it's not how bitcoin grows annually. Maybe a 100k is a possibility but a 3.5x more than the amount that I have predicting seems a little bit far fetch, don't get me wrong, I will be happy about it if I am proven wrong but right now, it only creates a hypes that can trap newbies.

OP did explain from the chart, and that's TA for you. It's not the only one adhering to the same pattern too, the famous stock to flow (S2F or s2fx or whichever iteration it's in now) model is also very much along the same lines -- and nothing about the market has invalidated that yet.

It's not a price I personally think is possible, but it's not far-fetched at all. Remember, 14 months ago, Bitcoin was dangerously close to testing $3000 levels. We're 13x that price right now. Realism and logic play by very different rules in Bitcoin. We know this.

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August 08, 2021, 06:34:04 PM
 #51

Hey all,
We are still in the early stage of this uptrend cycle. This cycle will go on till end of 2022 and the peak will be about 350k per BTC. When it hits its next market cycle peak, bitcoin will have a market cap of $6.5 trillion. Total market cap will top out around $10–12 trillion combined BTC and altcoins, roughly on par with gold’s market cap today and the inflation-adjusted value of the dot-com boom.
It took 24 months for bitcoin to go from its low of November 2011 to its high of November 2013. It took 35 months for bitcoin to go from its low of January 2015 to its high of December 17.
Extend that pattern and we can predict it will take 46 months for bitcoin to go from its low of January 2019 to its high in October 2022.
The image was done on 2020 so the "Today" time is not now in 2021, but I find this analysis is rather OK.


You can read the full analysis in this post: Is Bitcoin Nearing Another All-Time High? Why, When and How Much

Good work on the graph man. Really appreciative. Happy to see if bitcoin grows as you have drafted. I hope in its growth and expect a minimum of $100k by end of 2022. I am sure if btc crosses it, other coins like ETH, BNB and other coins with high trading volume, are going to see a huge growth following bitcoin. Those who have invested in these top coins are going to get much profit if they patiently hold them.

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August 09, 2021, 04:51:43 AM
 #52

~
El Salvador won't have much impact directly, but certainly indirectly. It goes to show that if the world's larger nations speak against Bitcoin, opportunities arise for smaller nations. It proves that competition will arise between the countries around the world for those supporting the decentralization movement.
What you are talking about is polar opposite things, a government who wants to have a control everything which is centralized in nature will accept a decentralized movement, which means the government will be willing to let go off their centralized power they have and you really think it is possible  Cheesy.

The competition is entirely different, all these governments are trying to tame the beast and what i see is that each and everyone trying their tactics to tame the decentralized beast. EL Salvador will be forcing everyone to use the wallet the government create who can control the flow of money and monitor each and every transaction, that does not sound decentralized  Tongue.

When it comes to the price it is funny to see these predictions and the time mentioned, i have no doubt that we will reach these valuations but to say that it will reach within a particular time is bullshit.
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August 09, 2021, 09:22:34 AM
 #53

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.
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August 09, 2021, 05:40:54 PM
 #54

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.
I'm a little dubious about this speculation but I'm sure every year there must be a bigger increase maybe 3x or 5x from now even I'm happy to see that lift with the high value of bitcoin every year.

I think with the current pattern it will be much better than before given the demand for more from some of the big institutions maybe this capability will happen when we enter 2022?
I also think maybe Tesla will make a new plan about investment before, or Amazon can strengthen where they have looked at crypto as a transaction tool or other investment? I want to see this something different where the value of crypto will be very valuable in the future.

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August 09, 2021, 06:35:01 PM
 #55

What you are talking about is polar opposite things, a government who wants to have a control everything which is centralized in nature will accept a decentralized movement, which means the government will be willing to let go off their centralized power they have and you really think it is possible  Cheesy.

The competition is entirely different, all these governments are trying to tame the beast and what i see is that each and everyone trying their tactics to tame the decentralized beast. EL Salvador will be forcing everyone to use the wallet the government create who can control the flow of money and monitor each and every transaction, that does not sound decentralized  Tongue.
There is a difference between accepting a decentralized currency versus accepting a decentralized management of a nation. Obviously the law and the politicians will keep being centralized, however that doesn't mean that the currency have to be. Even in that case, you could have a centralized government rule + a centralized currency but add in a decentralized currency as an alternative to your already established one.

Look at USA, are they giving up on USD? Of course not, dollar is rampant as ever and there is nothing to stop that, however that doesn't change the fact that federally crypto is not illegal, coinbase is already listed on stock markets, it is a very much allowed thing, or look at El Salvador, are they not using fiat at all? Basically allowing crypto to thrive doesn't mean that you will have to stop, it just means that you have to let them both coexist.

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August 09, 2021, 08:24:36 PM
 #56

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.

Great days for all who still holds during these year, and once we're going to survive within this specific periods I guess reaching $350k was too early. Most probably $100k was purely accurate instead of predicting to high. Hopefully, bullrun will not be too quick to initiate, because when it comes to faster pumps bear market also dominates after bullish situation took place.

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August 18, 2021, 02:34:56 AM
 #57

That's a really big number and that's about 6 times of the current all time high and bitcoin is known to do that in the past but right now, I think I will hold on to the fact that it can only be around 3x like the last that it did go up and it won't be by the end of 2022 but more like by the end of 2022.
That's right mate, obviously that's a very large number but it must also be remembered that in crypto nothing is impossible although it also needs to be realistic in analyzing it. bitcoin's rise is due to the halving, from the first and second the difference that occurs in bitcoin when it reaches the highest ATH is quite fantastic, and it is possible that it will also happen in the third halving which will probably be the same as the first and second at the end of this year. if there will be a significant increase at the end of this year, it may not be realized in 2022.
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August 18, 2021, 03:13:41 AM
 #58

Everything is possible in cryptocurrency. However, it is dependent on the time. In the current position of BTC, I have doubt that it will be priced at 350K this year. Various analysts have predicted this. Ali Mizani is a researcher, inventor, and futurist managing one of the most lucrative cryptocurrency asset portfolios worldwide. He is the Founder/CIO of FiCAS AG. a Swiss regulated professional company for crypto asset investment advisory. He thinks the BTC price can and will reach $200k to $300k by the end of December 2021 to March 2022.

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August 18, 2021, 12:53:16 PM
 #59

Imagining a Bitcoin price of $350,000 before the end of 2022 does seem impressive. With the brilliant movement of Bitcoin prices in the last year, of course, the prediction of Bitcoin prices in 2022 is very worthy of consideration. Many people have given predictions so that they can be an illustration for those of you who want to invest in BTC.

But it must be remembered, what you are reviewing is only a Bitcoin price prediction that can come true but is very likely to fail. If the price of Bitcoin soars it is very profitable, but what if it drops? Of course, you have to be able to prepare yourself for the losses.

But if this is combined with other factors such as liquidity, volatility, and a number of Bitcoin mining halvings in previous years, then a significant increase in Bitcoin price next year is likely to materialize

Institutional investors are starting to invest in bitcoin and this proves to people that they can follow the steps of institutions to invest in bitcoin so that bitcoin can be widely supported in the future. bitcoin will have more power to become famous and lift the price to increase.
Before investing in bitcoin, research will also be needed because with the results of research it is easy to understand how to invest in bitcoin and will not tend to panic if prices move up and down. confidence to invest will be strong so they easily control their emotions.

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August 18, 2021, 01:55:11 PM
 #60

Everything is possible in cryptocurrency. However, it is dependent on the time. In the current position of BTC, I have doubt that it will be priced at 350K this year. Various analysts have predicted this. Ali Mizani is a researcher, inventor, and futurist managing one of the most lucrative cryptocurrency asset portfolios worldwide. He is the Founder/CIO of FiCAS AG. a Swiss regulated professional company for crypto asset investment advisory. He thinks the BTC price can and will reach $200k to $300k by the end of December 2021 to March 2022.

350k? I doubt even half of that. 100k alone, which a lot of people and big bets are put on, is a tough nut to crack but I'm confident enough we should have a very decent try at it (as soon as 63k is broken).

Mizani Ali is just one random guy among 100s. Anyone can put a prediction but at least model makers like s2f can show how they conclude their predictions with a lot of sound theory.

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